Nevada Dealer License

Nevada Dealers Licenses are regulated by the Nevada Department of Motor Vehicles in Carson City, Nevada.

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Nevada Dealer License Application

To obtain an Nevada Dealer License, you can call the Nevada Department of Motor Vehicles at 1-877-368-7828 or write to the Nevada Department of Motor Vehicles at:

Nevada Department of Motor Vehicles
555 Wright Way
Carson City, NV 89711

Nevada Dealers, Nevada dealers are regulated by the Nevada Department of Revenue
Nevada Department of Motor Vehicles
Occupational and Business Licensing
555 Wright Way
Carson City, Nevada 89711
775-684-4690
www.dmvnv.com


Step Number 1 Dealer Surety Bond and Insurance
You must obtain a dealer surety bond and insurance in order to obtain an Nevada dealers license. I always recommend this as the first step in obtaining a Nevada dealers license. The cost of a dealer surety bond is based on your credit score and the cost of your insurance is based upon your driving record. I am often asked what it costs to obtain a Nevada dealers license and I can never answer that question accurately because the total cost will depend on your credit score and your driving record.
$10,000 for utility or boat trailers with an unladen weight of 3,500 or less; $50,000 for motorcycles, horse trailers without living quarters or utility trailers with an unladen weight of 3,501 or more; and $100,000 for all other vehicle types.
The State of Nevada requires you to obtain a $100,000 dealer surety bond in order to be granted a Nevada dealers license, is the bond going to cost you $100,000, of course not, with good credit you should be spending about 300 to 400 dollars a year for your bond, your insurance company will normally send you an invoice every year or every other year. If you have a couple of blemishes on your credit score, the price of your bond can increase dramatically. The bond must be a surety bond eecuted by an insurance or bonding company authorized to do business in Indiana,
You must also obtain a special insurance policy before the State of Nevada will allow you to have a dealers license. Your insurance policy pricing will be dependent on your driving record so if you have a really bad driving record, you might pay a lot more for your insurance. You must also obtain an insurance policy that will cover the vehicles that are in your inventory. The State of Nevada requires every vehicle driven on any roadway in the state to have insurance, including the vehicles in your inventory when they are being test driven by your customers.
Any auto Commercial Liability policy of at least $95,000 per accident or bodily injury $25,000 per person, bodily injury $50,000 per accident, property damage $20,000

Step 2-Register with Nevada Secretary of State and obtain a Federal Ta ID Number from the IRS Website

The Nevada Secretary of State is not only the leading election authority in the state of Nevada but it is the leading recorder of business entities as well and the Nevada Secretary of State wants to have a record of every business in Nevada including the dealership you are opening. So you will need to register your dealership with the Nevada secretary of state. You can find a direct link to the Nevada Secretary of State at the dealertraining.org website
You can also quickly an easily get your Federal Tax ID number the IRS website at www.irs.gov 

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Step 3-Building & Lot
You must have a building for your Nevada dealers license. Your business building must be a permanent enclosed building owned or leased by you, The established place of business must be devoted mainly to the operation of your dealership
you must meet local zoning requirements. You can contact the city hall or county court house’s planning a zoning division to ensure the location you want to use as your dealership meets all local zoning requirements for an Nevada Dealers license.
The dealer shall conduct business in a building on the same property as the display lot. You must have room for at least one on your display lot,

The sign on your building must have the dealership name in at least 8 inch or larger letters, and you must have a one inch border around the dealership name the name on the sign must match the name on the application and the sign must be viewable from the nearest roadway. that is a Nevada state law. You will also need to submit photographs of your building and the sign with your Nevada dealer license.

Step 4 Fingerprints
The principal of the dealerhip must be fingerprinted

Step 5-Complete Application
The final step you need to do to obtain an Nevada dealers license is to complete an Nevada dealer license application in it’s entirety.
If you make mistakes on the application it will be returned, so you want to spend some time and ensure there are not mistakes on the application.
If there is a change in business entity, after you become a licensed dealer, a new application must be submitted with all applicable paperwork, including a new bond and a new dealer license number will be assigned.


Once again, here is that great contact information for you
Nevada Department of Motor Vehicles
Occupational and Business Licensing
555 Wright Way
Carson City, Nevada 89711
775-684-4690
www.dmvnv.com

When you submit your application correctly you should receive your Nevada Dealers license in about 30 days.

Once you obtain your Nevada dealers license you must display the license prominently, you are going to work hard to obtain your Nevada dealers license, you are going to be proud when you obtain your Nevada dealers license, Nevada law requires that you display your dealers license prominently when it is granted

Download Nevada Dealer License Application
Step by step Nevada Dealer Licensing Instructions
Dealer License Plate Application

Good Luck In Obtaining Your Nevada Dealer License!